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Peru

Lima at nighttime

Inside this issue

• Less is often more when marketing to the poor

• A huge investment programme is expected to quadruple copper production - -

Content

Grappling with problems of success

Booming mineral prices and open doors for foreign investors led to country’s economic and social transformation, writes John Paul Rathbone

‘Crazy horse’ at ease with role in a new world

Peru’s president tells Naomi Mapstone how he came to embrace free-market economics following the better part of a decade of exile in Colombia and France, and a failed 2001 bid for the presidency

Economy: Stability and jobs start to level out society

John Paul Rathbone finds the desire for macroeconomic equilibrium runs deep

Capital markets: Getting to the parts others don’t reach

John Paul Rathbone reports on a company at the cutting edge of Latin American finance

Agriculture: Trade deals and technology boost exports from foothills of the Andes

Naomi Mapstone reports on the legacy of 1969 land reforms of leftist dictator Juan Velasco

Consumerism: Multinationals try to make the most of their local credentials

Louise Lucas considers a rapidly growing ‘sachet economy’

Politics: Winner is likely to be friendly to investment

Naomi Mapstone considers some presidential contenders

Mining: Copper production set to rival Chile

Naomi Mapstone reports on the conditions that have catapulted investment

Guest column: ‘A surprising and much welcome turnround’

Most analysts look rather pessimistically at the prospects for world growth, but feel quite optimistic about Peru, writes Felipe Ortiz de Zevallos

Tourism: Amazonian attractions

A spate of investment is boosting Peru’s tourism offering away from Machu Picchu, writes Naomi Mapstone

Hydrocarbons: An explosive political issue

Infrastructure: Effort to rival Panama as regional hub

FT interview transcript: Alan García